125 Shelby Oaks Trail Covington, GA 30016
Estimated payment $2,194/month
Highlights
- View of Trees or Woods
- Vaulted Ceiling
- Wood Flooring
- Deck
- 2-Story Property
- Main Floor Primary Bedroom
About This Home
Welcome to your new cash flow Home! This unique 6-bedroom, 4-bathroom property offers an ideal opportunity for both homeowners and investors. The upper level provides a spacious living area with beautiful hardwood floors, while the lower level features two income-producing units. The finished 2-bedroom apartment generates approximately $1,750 per month, and the studio apartment brings in about $1,000 per month. Live upstairs while your tenants help pay the mortgage. Recent updates include a new Water Heater (2024), Newer Stainless Steel Appliances including Fridge, Dishwasher, Microwave, Stovetop (2022), Roof and dual A/C units (2018), and an additional concrete parking slab added in 2023, providing ample parking for all occupants. This property combines comfort, functionality, and strong cashflow potential. Sale comes with a 3 year Home Warranty expiring September of 2028! Schedule your showing today to explore this exceptional investment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,538
Year Built
- Built in 2000
Lot Details
- 0.59 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Private Entrance
HOA Fees
- $15 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- 2-Story Property
- Composition Roof
- Vinyl Siding
Interior Spaces
- Vaulted Ceiling
- Ceiling Fan
- Shutters
- Private Rear Entry
- Family Room with Fireplace
- Great Room
- Living Room
- Formal Dining Room
- Bonus Room
- Screened Porch
- Views of Woods
- Laundry in Mud Room
Kitchen
- Open to Family Room
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- In-Law or Guest Suite
- Vaulted Bathroom Ceilings
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Soaking Tub
Finished Basement
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
- Laundry in Basement
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- Livingston Elementary School
- Liberty - Newton Middle School
- Alcovy High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- Wellington Oaks Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 12
- Assessor Parcel Number 0047B00000189000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,677 | $142,160 | $19,200 | $122,960 |
| 2023 | $3,731 | $134,720 | $8,000 | $126,720 |
| 2022 | $2,926 | $108,920 | $8,000 | $100,920 |
| 2021 | $2,683 | $89,840 | $8,000 | $81,840 |
| 2020 | $2,380 | $72,520 | $6,600 | $65,920 |
| 2019 | $2,401 | $72,120 | $6,600 | $65,520 |
| 2018 | $2,265 | $67,720 | $6,600 | $61,120 |
| 2017 | $2,056 | $61,640 | $6,600 | $55,040 |
| 2016 | $1,841 | $55,360 | $3,800 | $51,560 |
| 2015 | $1,309 | $39,960 | $2,000 | $37,960 |
| 2014 | $1,307 | $39,960 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $359,900 | +5.9% | $97 / Sq Ft | |
| 10/28/2022 10/28/22 | Sold | $340,000 | +7.9% | $92 / Sq Ft | View Prior Sale |
| 09/17/2022 09/17/22 | For Sale | $315,000 | -- | $85 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $190,000 | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | $171,694 | -- | |
| Deed | $165,300 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,841 | FHA | |
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $135,950 | New Conventional | |
| Previous Owner | $162,702 | FHA |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7672512
APN: 0047B00000189000
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